Balancing Act: Maximizing value while minimizing costs

Prioritizing employee benefits is essential for attracting and retaining the workforce, yet they represent one of the most substantial expenditures in your overall budget. This requires effective strategies to optimize costs without compromising the quality of benefits offered.

 

Our suite of services collectively contributes to improving a company's bottom line in several ways:

Carrier Administration Subsidies

Unique arrangements with PPI Platform Carriers allow us to provide our benefits technology, billing services, COBRA administration, and other services at a very minimal cost.

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Operational Efficiency

Benefits technology consolidates benefits and streamlines processes, saving time and reducing the burden on HR teams, allowing them to focus on more strategic initiatives.

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Cost Containment

Combined billing ensures all benefits-related expenses are organized and clear. Online invoices offer the flexibility to download bills in various formats, catering to your preference or analytical requirements.

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Reduce Compliance Risk

Integrated COBRA administration, 5500 filing, W-2 reporting data, and complimentary resources like the Zywave Client Portal helps companies stay compliant with regulations, avoiding potential penalties and legal issues.

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Other cost advantages

Simplified day-to-day tasks and streamlined processes yield additional, more nuanced advantages:

  • Greater employee satisfaction with the enrollment process
  • Fewer errors, less anxiety among your HR and Finance teams
  • Better decision making through use of reports and analytics

Ready to learn more?

 

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